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Oct 2, 2012
10/12
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clock is ticking down for fiscal cliff. >> north american households pay $3,500 more in taxes if endress does not act by the of the year. automatic budget cuts and tax .ncreases will go into effect but it will 1 happen until election. tonight, breast cancer awareness means youderway which the color lot more of pink around. >> pamela brown has the story. pink,ough the power of georgetown university spending less critics sending a strong message. every -- these are sending a strong message. grandma have it, it scary knowing it is a possibility. but she is not alone. their passion stems from pain. >> for many of the girls out tonight, seeing in the white house right across the in pink gives them hope. that myves me hope ones, maybe someday no one will. >> the breast cancer protection require insurance ampany to uncover -- to cover limited hospital stays for patients undergoing mastectomies. celebration at a post office. you can see the dedication of earthquakes stamps. it shows our planet from above with pictures taken from ultralightand aircraft. >> they are beautiful stamps. there were a
clock is ticking down for fiscal cliff. >> north american households pay $3,500 more in taxes if endress does not act by the of the year. automatic budget cuts and tax .ncreases will go into effect but it will 1 happen until election. tonight, breast cancer awareness means youderway which the color lot more of pink around. >> pamela brown has the story. pink,ough the power of georgetown university spending less critics sending a strong message. every -- these are sending a strong...
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Dec 4, 2012
12/12
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so if there is a fiscal cliff and we go over it, the american public are likely to blame the republicans. >> well, that's absolutely true, piers. we've had an election and the clearest debate and the clearest difference in that election was over the question of whether the rich should pay more and tax rates should go up on the rich. everybody who paid any attention at all knows that the top 2% are now taking home a larger share of total income and wealth in this country than they have in over 80 years and are paying the lowest effective tax rate they paid in over a half a century. we also have a looming budget deficit. so you don't have to really be a rocket scientist to understand that the rich do have to pay more. taxes do have to be raised on the rich and i think that's why over 60% of the public in these polls are not only supportive of a tax increase on the rich, but also will blame the republicans if we go over the fiscal cliff. and this gives frankly, this gives the white house and this gives the obama administration much more bargaining leverage. >> grover norquist, here's the pr
so if there is a fiscal cliff and we go over it, the american public are likely to blame the republicans. >> well, that's absolutely true, piers. we've had an election and the clearest debate and the clearest difference in that election was over the question of whether the rich should pay more and tax rates should go up on the rich. everybody who paid any attention at all knows that the top 2% are now taking home a larger share of total income and wealth in this country than they have in...
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Nov 19, 2012
11/12
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KTVU
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on the fast track to broker a deal to avert the so-called "fiscal cliff." "i was focusing on how we send a message of confidence to consumers, to the markets in the short-run too. that is to say that we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas." gop members contend making a deal happen comes down to cutting entitlement programs, and possibly raising taxes. "we're prepared to put revenue on the table provided we fix the real problem, even though most of my members i think without exception believe that we're in the dilemma that we're in not because we tax to little but because we spend too much." president obama, who led friday's meeting, seemed confident the two sides have common ground. "we've got to make sure that taxes don't go up on middle- class families, that our economy remains strong, that we're creating jobs." more meetings at the white house are expected over the next month. the epa is rejecting a request to relax rules requiring corn ethanol in gasoline. governors from north carolina, n
on the fast track to broker a deal to avert the so-called "fiscal cliff." "i was focusing on how we send a message of confidence to consumers, to the markets in the short-run too. that is to say that we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas." gop members contend making a deal happen comes down to cutting entitlement programs, and possibly raising taxes. "we're prepared to put revenue on the table provided...
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Dec 24, 2012
12/12
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FBC
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they continue to focus on the fiscal cliff. more americans are getting a better handle on their debt. the "wall street journal" reports u.s. households spent just over 10% in the third quarter of the year. that is the lowest level since 1983, according to the federal reserve. while the ultimate procrastinators are hitting stores today, retailers are also bracing for a busy day on wednesday. industry watchers say the lines were returning gifts will be as long, if not longer, then the lines consumers had to buy the things in the first place. that is the latest from the fox business network. giving you the power to prosper. ♪ lori: how has the franchise industry than coping with the fiscal uncertainty coming out of washington? joining us now is nick powell. welcome. >> thank you. thank you for having me. lori: i have to imagine this is probably one of the most difficult times. what do you think? >> well, it is obviously dependent on the way you look at the statistics. i think it is a great opportunity to get into the franchise m
they continue to focus on the fiscal cliff. more americans are getting a better handle on their debt. the "wall street journal" reports u.s. households spent just over 10% in the third quarter of the year. that is the lowest level since 1983, according to the federal reserve. while the ultimate procrastinators are hitting stores today, retailers are also bracing for a busy day on wednesday. industry watchers say the lines were returning gifts will be as long, if not longer, then the...
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Dec 29, 2012
12/12
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obama and republicans stare down the fiscal cliff deadline. >>> plus, a new worry for hundreds of american families who want to adopt. we'll tell you what is behind the controversial move by russian lawmakers. >>> and a new exposes what it calls the gun next door. is it a way to protect communities against gun violence? welcome to united states and around the world, wolf blitzer is off. i'm candy crowley. you're in "the situation room." >>> washington is a deadline-oriented city, and this coming week brings one that is a real doozy, billions in tax increases and across-the-board spending cuts take effect. it forces members of congress and president obama to spend the last few days of 2012 on the job. we want to bring in cnn chief white house correspondent, jessica yelen, we all know they would rather celebrate new year's eve elsewhere. how did they get here? >> reporter: it is such a good question, you know, candy, this grid lock in washington creates the eye-rolling. but the fundamental question goes to the essential differences between the two parties about the role of government, should
obama and republicans stare down the fiscal cliff deadline. >>> plus, a new worry for hundreds of american families who want to adopt. we'll tell you what is behind the controversial move by russian lawmakers. >>> and a new exposes what it calls the gun next door. is it a way to protect communities against gun violence? welcome to united states and around the world, wolf blitzer is off. i'm candy crowley. you're in "the situation room." >>> washington is a...
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Nov 9, 2012
11/12
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WBAL
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small business owners. >> the deadline for a deal to avoid the fiscal cliff is january 1st. without a compromise, the congressional budget office says automatic tax increases and deep spending cuts could send the economy into a deep recession. >> on tuesday night, we found out that the majority of americans agree with my approach. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> still, john boehner has left the door open to finding new revenues by reforming the tax code. >> both sides will be looking for ways to claim victory without causing too much trouble for their respective party basis. >> both sides can at least agree on this. the nation cannot plunge off the fiscal clef. -- cliff. >> the president is encouraging congress to go ahead and extend tax cuts for middle-class americans while negotiations continue on the rest of this. >> so what is the fiscal cliff and how could impact your money if congress does nothing? the truth is, it could affect everything from your dog to your 401k to your wallet. -- your job to your 4
small business owners. >> the deadline for a deal to avoid the fiscal cliff is january 1st. without a compromise, the congressional budget office says automatic tax increases and deep spending cuts could send the economy into a deep recession. >> on tuesday night, we found out that the majority of americans agree with my approach. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> still, john boehner has left the door open...
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Dec 19, 2012
12/12
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CNBC
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and the fallout from the violence in connecticut impacting the fiscal cliff negotiations here in washington. house speaker, john boehner, talking about a different kind of stress. >> i would agree to that, this is a difficult time for americans that is why we continue to have conversations with the white house. i continue to have home that we can reach an agreement. it is not a time to put americans through more stress. and we learned thad that president obama called west virginia congressman joe mansion. and the white house confirming today president obama says he will support senator feinstien's plans to ban assault weapons when congress reconvenes next year. >> there are reports tonight that the connecticut shooter may have snapped because of the fear of being committed to a psychiatric facility. what do we know? joining us on the phone former senior fbi profiler, mary ellen o'toole. to both of you thank you for helping on a difficult subject. what do you make of this story that the mother was going to send him to psychiatric institute and he got angry and that was one motive for his sho
and the fallout from the violence in connecticut impacting the fiscal cliff negotiations here in washington. house speaker, john boehner, talking about a different kind of stress. >> i would agree to that, this is a difficult time for americans that is why we continue to have conversations with the white house. i continue to have home that we can reach an agreement. it is not a time to put americans through more stress. and we learned thad that president obama called west virginia...
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Dec 12, 2012
12/12
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MSNBCW
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the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. >> so obviously, republicans are trying to change the conversation from taxes to cuts. what do they want? >> well, they want entitlement reform and what we've seen is that the white house has moved a little bit. the president seems to be open to some form of entitlement reform, maybe not what john boehner wants, but they have said in the last couple of days that they will do corporate tax reform. so we are seeing some movement from the white house, but nothing yet from the house republicans. >> all right. john boehner just came to the microphone. he's just met with his caucus. let's see if he has anything new. >> -- the president's plan to avert the fiscal cliff still does not meet the two standards that i laid out the day after the election. his plan does not fulfill his promise to bring a balanced approach to solving this problem. it's mainly tax hikes. and his plan does not begin to solve our debt crisis. it actually increases spending. our plan meets these standards. it cuts spend
the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. >> so obviously, republicans are trying to change the conversation from taxes to cuts. what do they want? >> well, they want entitlement reform and what we've seen is that the white house has moved a little bit. the president seems to be open to some form of entitlement reform, maybe not what john boehner wants, but they have said in the last couple of days that they will do...
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Oct 26, 2012
10/12
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FOXNEWSW
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. >> economists blame the low gdp in part on companies sitting on their wallet because of fiscal cliff, major tax increases and spending cuts coming up. the national association of manufacturers warning in a new report today there could be 6 million jobs wiped out. unemployment soaring to more than 11%. a 12.8% drop in gdp. and a 10% loss in household income. in an oval office interview with radio talk show host michael moreonish the president expressed confidence he will get a second term and cut a deal avoiding the fiscal cliff. >> i will go to capitol hill and wash john boehneree car, walk mitch mcconnell's dog. >> promises that fly in face of the republican speaker john boehner's complaint that the president hasn't scheduled meeting with congressional leaders in several months. let alone a car wash. >> not something that i propose and it's something that congress proposed. >> fact checkers today gave it four pinocchios noting while republicans agreed to the sequester a claim by chief of staff jack lew it was not originally the white house's idea is a whopper. >> now all of this is
. >> economists blame the low gdp in part on companies sitting on their wallet because of fiscal cliff, major tax increases and spending cuts coming up. the national association of manufacturers warning in a new report today there could be 6 million jobs wiped out. unemployment soaring to more than 11%. a 12.8% drop in gdp. and a 10% loss in household income. in an oval office interview with radio talk show host michael moreonish the president expressed confidence he will get a second...
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Dec 3, 2012
12/12
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." >>> could going over the fiscal cliff be just what washington has wanted all along? >>> millions of americans are getting battered by a third severe storm with drenching rains, chevy snow and strong winds. details ahead. >>> and the stars were out last night for the kennedy center's honors. members of led zeppelin, david letterman, dustin hoffman and many others. we'll have that and much more coming up this monday morning on "first look." and a very good morning to you. i'm veronica de la cruz. one solution being heard more and more about solving the nation's financial showdown could be actually allowing the deadline to pass and letting america go over the fiscal cliff. that would allow tax rates to rise on everybody. then congress could come back after the new year and cut taxes on everyone but the wealthy. nbc's mike viqueira has the story. >> reporter: administration optimism for a deal. but only if republicans give in on raising rates for the wealthy. >> you think we'll get a deal by the end of the year? >> i do. the only thing that stands in the way of a deal ri
." >>> could going over the fiscal cliff be just what washington has wanted all along? >>> millions of americans are getting battered by a third severe storm with drenching rains, chevy snow and strong winds. details ahead. >>> and the stars were out last night for the kennedy center's honors. members of led zeppelin, david letterman, dustin hoffman and many others. we'll have that and much more coming up this monday morning on "first look." and a very...
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Dec 31, 2012
12/12
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WTTG
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cliff deal. no deal will mean spending cuts and tax increases for millions of americans with fears that it could trigger another recession. ed henry has latest. >> happy new year. >> the house and senate back to work for a rare sunday session trying to figure out the fiscal cliff negotiations. a lot of talk, very few solutions so far. >> our membership is frustrated as the american people we're sworn to serve. >> none. votes that we'll be casting today have anything to do with these deadlines that we face in slightly more than 24 hours. we're here. we're ready. >> reporter: president obama sitting down for his first sunday morning talk show interview in over three years told nbc it is time to lawmakers to nail down a deal o. >> we don't yet see an agreement and now the pressure is on congress to produce. >> reporter: republicans and democrats going back and forth behind closed doors working through night trying to avoid some of the most painful tax hikes and spending cuts in our nation's history.
cliff deal. no deal will mean spending cuts and tax increases for millions of americans with fears that it could trigger another recession. ed henry has latest. >> happy new year. >> the house and senate back to work for a rare sunday session trying to figure out the fiscal cliff negotiations. a lot of talk, very few solutions so far. >> our membership is frustrated as the american people we're sworn to serve. >> none. votes that we'll be casting today have anything to...
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Dec 28, 2012
12/12
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WMAR
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tonight breaking news, no deal yet after an 11th hour meeting at white house to avoid the fiscal cliff. the president before the american people. >> the hour for immediate action is here. >> just four days until taxes go up for all americans. tonight what you're telling washington. >>> not again, a giant storm on the move. >>> scare at sea, the cruise ship nightmare unfolding, the captain who warned the passengers ahead of time, but it didn't work. >>> and at last. ♪ at last the american greats me lost this year. ♪ moon river the lasting gifts and the laughs they leave behind. >> everything you do, do it cool. stand back. >>> good evening on this friday night. diane is spending this holiday weekend with her family. we begin with the 11th hour high stakes meeting at the white house late today to avoid the fiscal cliff. but no deal, asanger builds across the country, the clock is ticking. just four days left before taxes go up for all americans and federal programs see major cuts. we've shown you the math here. the average american household would see their tax bill go up nearly $3,5
tonight breaking news, no deal yet after an 11th hour meeting at white house to avoid the fiscal cliff. the president before the american people. >> the hour for immediate action is here. >> just four days until taxes go up for all americans. tonight what you're telling washington. >>> not again, a giant storm on the move. >>> scare at sea, the cruise ship nightmare unfolding, the captain who warned the passengers ahead of time, but it didn't work. >>> and...
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Dec 26, 2012
12/12
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CNBC
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cliff takes $7.3 trillion out of deficit over ten years, isn't that what we really have to do? it seems to me i would really be interested in investing in american equities if i knew the financial situation was under hold >> you say the ends justify the means, no matter how painful? >> it doesn't matter how painful it is and it will be a short shallow recession if we go into it. if we kick the can down the road as so many of you are saying we hope would happen. that's not what should happen for the long-term future of the country. >> you're saying, come on, folks, let's settle. it won't be that big of a deal. right? >> i do disagree with howard a little bit in that i don't think cutting $7.3 trillion, the way this deal says that we should, is the best way to -- to deal with our long-term budget issues. kind of like, you know, you know you have to lose weight so you starve yourself as opposed to some sort of pragmatic balance of, you know, diet and exercise and this deal doesn't get you to the pragmatic part. the flip side, one, cbo projections about future outcomes are based on
cliff takes $7.3 trillion out of deficit over ten years, isn't that what we really have to do? it seems to me i would really be interested in investing in american equities if i knew the financial situation was under hold >> you say the ends justify the means, no matter how painful? >> it doesn't matter how painful it is and it will be a short shallow recession if we go into it. if we kick the can down the road as so many of you are saying we hope would happen. that's not what...
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Dec 28, 2012
12/12
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about the fiscal cliff talks, but there is a deadline approaching on the milk cliff. the price of a gallon of milk could double next week because congress has not passed an updated farm bill. they do it every five years, but the latest farm bill is expiring on new year's. if there's not a new one, a new law from the truman era kicks in forcing the government to buy milk at higher prices. dairy farmers will see a temporary boost, but after that economists say demand will plummet. didn't know about that one coming. >> what are they doing? get some work done. >> please, do something. >> it's why we elected you. do some work. >> yes. >>> it's 8:46 now. coming up, do fewer women seek treatment for alcoholism than men? >> a new documentary looks at a drinking problem among suburban women and why they're less likely to ask for help. a producer and psycho therapist joins us instudio after the break to talk about their findings. we'll be right back. it's 8:46. >>> it is time for our facebook fan of the day. we say hello to deborah lewis williams. deborah says s
about the fiscal cliff talks, but there is a deadline approaching on the milk cliff. the price of a gallon of milk could double next week because congress has not passed an updated farm bill. they do it every five years, but the latest farm bill is expiring on new year's. if there's not a new one, a new law from the truman era kicks in forcing the government to buy milk at higher prices. dairy farmers will see a temporary boost, but after that economists say demand will plummet. didn't know...
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Dec 31, 2012
12/12
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WBFF
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cliff negotiations.a lot of talkk very few solutions so faa. larson saas: "our membership ii as frustrated as the american ppople we're sworn to seevv."beccrra saas: "none of the votes we'll be casting today have anyyhing to do with these deadllne we face in slightty more hann24 hours. &pwe're here, we're ready." president ooama, sitttng down for his ffrst sunday morning three years, ttll n-b-c itts time for lawmmkers to nail doww a deal:obbma says: "we don't yet see an agreement and now the pressure is on congress to produce." republicans and emocrats going back and forth behind closed doors, workkng through the night, trying to avoid ssme of the most painful tax hikes and spendinggccts in our natioo's history.reid says:: "there s still significant pissancc between the tww continue."a possible sign oo progrees came whhn viie back from delaware to thee white houue o work the phones and reach ut to republican ssmeone who he's wooked with on many deals over the years. mcconnell says: "we're willing to work witt whoever, hoever issue that remains
cliff negotiations.a lot of talkk very few solutions so faa. larson saas: "our membership ii as frustrated as the american ppople we're sworn to seevv."beccrra saas: "none of the votes we'll be casting today have anyyhing to do with these deadllne we face in slightty more hann24 hours. &pwe're here, we're ready." president ooama, sitttng down for his ffrst sunday morning three years, ttll n-b-c itts time for lawmmkers to nail doww a deal:obbma says: "we don't yet...
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Dec 4, 2012
12/12
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CNNW
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we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] [ male announcer ] ...forbusiness.com. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... a
we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. wanted to provide better employee benefits while balancing the...
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Oct 20, 2012
10/12
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FOXNEWSW
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coming up, forget the fiscal cliff. why the healthcare law could leave us with a financial hangover z the companies about to surprise >> the fiscal cliff, it's not only thing ready to whack americans come january 1st. lots of faxes and -- taxes and fees will smack us as well. you say this could hold back a full recovery. how 0 so? there. >> these taxes are real, scheduled to go in effect after the election. they really hit seniors most. you talk about who is dependent on medical devices, the tax on those companies will go up and they pass that along to consumers. you're going to see increased prices in medical devices. seniors are dependent on medical devices. we're putting a -- changing how much you can take -- deduct from taxes on medical expenses. you'll be able to deduct less. >> flexible spending accounts. >> it has to do with flexible spending and tax deductions. they get hit too. these are real sneaky taxes that we don't need to see right now. certainly not in this sort of fragile stage of semi recovery. >> rick,
coming up, forget the fiscal cliff. why the healthcare law could leave us with a financial hangover z the companies about to surprise >> the fiscal cliff, it's not only thing ready to whack americans come january 1st. lots of faxes and -- taxes and fees will smack us as well. you say this could hold back a full recovery. how 0 so? there. >> these taxes are real, scheduled to go in effect after the election. they really hit seniors most. you talk about who is dependent on medical...
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Dec 26, 2012
12/12
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FOXNEWSW
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. >> the fiscal cliff we have been telling you so much about could be devastating for thousands of american businesses and their workers. their new concerns this morning about profits for those companies. lauren simonetti from the fox business network joins us to explain. what's going on? >> the fiscal cliff puts it in jeopardy. many are afraid to invest in their business and hire new workers. make plans. >> no longer vetting a deal is done by new year's eve f. one comes by early january definitely a possibility. the economic impact should be minim minimal. if one comes later than that the damage to the economy is already done and you will see more talk of recession and analysts started cutting the earnings growth in the fourth quarter. >> one thing they don't like is uncertainty. apple released a new product and there will be another new product. >> now that you got them under the christmas tree. a man who has been right predicting apple products before a 5th generation ipad will look like the mini but some what thinner narrower and shorter than a regular ipad so not as small. apple is wor
. >> the fiscal cliff we have been telling you so much about could be devastating for thousands of american businesses and their workers. their new concerns this morning about profits for those companies. lauren simonetti from the fox business network joins us to explain. what's going on? >> the fiscal cliff puts it in jeopardy. many are afraid to invest in their business and hire new workers. make plans. >> no longer vetting a deal is done by new year's eve f. one comes by...
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Dec 12, 2012
12/12
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CNNW
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cliff, most americans will blame republicans for it. >> no question about it, and that's what we've been seeing over and over since one week ago today in this room, the president doing virtually the same thing. he did it on the house floor yesterday, he did it in a press conference friday. it is all about public pressure. we've seen since yesterday a shift in the message because they realize they have virtually no leverage on the tax rate issue, that they're shifting over, at least rhetorically, to the spending issue to make sure they really want spending to come down because they think that's something the american public agrees with as well, that washington simply spends too much. what we really need here is the two of them to come together and find that perfect balance in those dials we talked about. you know, we just have to hope that things calm down between the president and his speaker after what was clearly a very tense conversation last night, and that they can try to move forward. >> uh-huh. so american people, happy hanukkah, merry christmas, happy kwan kwanza, whatever.
cliff, most americans will blame republicans for it. >> no question about it, and that's what we've been seeing over and over since one week ago today in this room, the president doing virtually the same thing. he did it on the house floor yesterday, he did it in a press conference friday. it is all about public pressure. we've seen since yesterday a shift in the message because they realize they have virtually no leverage on the tax rate issue, that they're shifting over, at least...
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Dec 4, 2012
12/12
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CNNW
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we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. but i'm still stubbed up
we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! bp has paid overthe people of bp twenty-threeitment to the gulf....
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Nov 10, 2012
11/12
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CNNW
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falls over the fiscal cliff, 88% of american households will see their taxes go up. you would think that republicans in congress who signed this pledge to not raise taxes would be tripping over themselves to solve the problem but they can't. i'll go one-on-one with the biggest impediment to compromise in washington back in 90 seconds. >>> the most immediate threat facing the united states is the fiscal cliff and the election results did nothing to change the balance of power that we have seen in washington in the last two years. a democratic president now re-elected calling for taxes on the richest americans to rise. a republican controlled house of representatives that opposes any increase in tax rates and a democratic senate caught in the middle. now avoiding the fiscal cliff will require compromise. there is no compromise possible when one side says they can't lose. everything has to be on the table to succeed all parties need to give something up for the greater good. but there is a problem. it's a big problem. almost all the republicans in congress have signed a
falls over the fiscal cliff, 88% of american households will see their taxes go up. you would think that republicans in congress who signed this pledge to not raise taxes would be tripping over themselves to solve the problem but they can't. i'll go one-on-one with the biggest impediment to compromise in washington back in 90 seconds. >>> the most immediate threat facing the united states is the fiscal cliff and the election results did nothing to change the balance of power that we...
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Dec 27, 2012
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"outfront" tonight -- welcome. >> first for you, the fiscal cliff, the world's most predictable political problem. this is the cover of "the washington post" the day after the election saying time to deal with the debt. everybody knows it. that was the whole idea, right? this was the big plan. election year is too divisive to get anything done. just kick the lame duck. so what happened? why can't congress find a way to work together, even with a gun at their head? >> because they don't get along. i think it may have been naive of some of us to think that the election was going to be the magic formula and they would play well in the sand box after the election. what's it going to take? i think it's going to take for us to go off the cliff and the american public demanding action. i think we're going to see that over and over again. it's going to be the american public demanding action on gun control. it's going to be the american public demanding action on immigration because we have to force them to act. >> but american public also has to stop acting as if they play no role in this. when
"outfront" tonight -- welcome. >> first for you, the fiscal cliff, the world's most predictable political problem. this is the cover of "the washington post" the day after the election saying time to deal with the debt. everybody knows it. that was the whole idea, right? this was the big plan. election year is too divisive to get anything done. just kick the lame duck. so what happened? why can't congress find a way to work together, even with a gun at their head?...
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Dec 8, 2012
12/12
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then, despite the looming fiscal cliff, americans are focused as we say on that to-do list. what do you consider are the most pressing economic issues facing the united states today, jobs and unemployment, far and away, number one, 30%, followed by government spending, the budget deficit, and then back to the wages at 11%. 41% saying he their wages or unemployment and then you see the government spending peace. if you look at how this breaks out by republican, democrat, independent, independent and democrats rank jobs higher than wages, and if you look at republics, they rank spending and the deficit. when you go back to this idea of compromise, where are you compromising about? these are very tricky times in terms of creating a working coalition on that issue. compromise -- considering the challenges facing the country, which of the following actions do you believe will to the most to help the country improve? we read three separate purchase to this. -- choices to this. the number one was growing economy and creating jobs through investments, even if that means continued de
then, despite the looming fiscal cliff, americans are focused as we say on that to-do list. what do you consider are the most pressing economic issues facing the united states today, jobs and unemployment, far and away, number one, 30%, followed by government spending, the budget deficit, and then back to the wages at 11%. 41% saying he their wages or unemployment and then you see the government spending peace. if you look at how this breaks out by republican, democrat, independent, independent...
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Dec 27, 2012
12/12
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he complains i've not delivered solutions to the fiscal cliff. he's in error. we all know that in july of this year we passed in the senate the relief that would give -- that it would give to middle class americans. that -- that passed the senate. now, we know the republicans have buried themselves in procedural roadblocks in everything we're trying to do out here and now they are saying, well, we can't do the 250 because it wasn't blue slipped, because it will be blue slipped. mr. president, how does the american people retook the that? there was a bill introduced by the ranking member of the ways and means committee in the house, sandy levin, that called for this legislation. the speaker was going to bring it up to kill it, but he couldn't kill it and then we moved to plan "b," the debacle of all debacles. it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republicans it was so absurd, he meaning the speaker, so it's very clear now, mr. president, that the speakers's number one goal is to
he complains i've not delivered solutions to the fiscal cliff. he's in error. we all know that in july of this year we passed in the senate the relief that would give -- that it would give to middle class americans. that -- that passed the senate. now, we know the republicans have buried themselves in procedural roadblocks in everything we're trying to do out here and now they are saying, well, we can't do the 250 because it wasn't blue slipped, because it will be blue slipped. mr. president,...
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Dec 10, 2012
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. >> if republicans do not agree to that is the administration prepared to go over the fiscal cliff? >> absolutely. there's no process in agreement that doesn't involve those rates going up on the top 2 percent of the wealthiest members. only 2 percent. all of those americans, too, get a tax cut. the obama administration is happening what happens for the aying american families. we have congressman randy forbes. >> let me ask you something. do you feel like a president actually wants this to happen so that it gives him some political ad vantage? >> i have to judge that by two things. first of all what i am hearing from my colleagues on the democratic leadership side they said they wanted to go over the fiscal cliff because we have argued all along they will start by simply taxing everybody over 250,000. they told me they wouldn vote fr anything that would tax everybody over 150,000. you take the president's actions. the president doesn't want to get an agreement or compromise he wants to get his way. he won't come to the table with any serious proposal because we can get a solution e
. >> if republicans do not agree to that is the administration prepared to go over the fiscal cliff? >> absolutely. there's no process in agreement that doesn't involve those rates going up on the top 2 percent of the wealthiest members. only 2 percent. all of those americans, too, get a tax cut. the obama administration is happening what happens for the aying american families. we have congressman randy forbes. >> let me ask you something. do you feel like a president...
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Dec 2, 2012
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many are calling for compromise to avoid the fiscal cliff. that's called into question the anti-tax pledge republicans have signed. iffer some lawmaker that is means no agreement. >> it is not the norquist pledge but the americans no tax reform pledge and the one thing really keeping republicans -- i don't know what republicans stand for. it looks like for this in washington, it's a host of things. at least the democrats are responsible enough to get loans from china. the republicans want to do it without paying for it without any fiscal discipline. at one point the republicans have to do it -- the pledge was the last they based it on. >> nothing was done, though. that's a bad thing, aaron. >> why? i'm not sure that it is. i'm not sure that this fiscal cliff really is a fiscal cliff. i think that it changes the baseline. republicans get better negotiating position on the other side when they are not scared to death of their own shadow and fearful of not looking reasonable. to think that the same joker who is got us this compromise will someho
many are calling for compromise to avoid the fiscal cliff. that's called into question the anti-tax pledge republicans have signed. iffer some lawmaker that is means no agreement. >> it is not the norquist pledge but the americans no tax reform pledge and the one thing really keeping republicans -- i don't know what republicans stand for. it looks like for this in washington, it's a host of things. at least the democrats are responsible enough to get loans from china. the republicans want...
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Dec 12, 2012
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. >> obviously i think all of us and all americans a resolution of this issue of the fiscal cliff so that people can live next year with a sense of predictability, with a sense that we can have a growing economy, and, frankly, peace in the world. >> and the place on this committee? >> i think it would be fun to do. >> i'll take that as a yes. >> senator lieberman. >> christmas and hanukkah. >> yes. >> what would i like from the president? that he pick the leadership he's been empowered with the election, bring the parties together beginning with speaker boehner and other leaders agree on a bipartisan package that will reduce debt, increase tax and cut increases on spending entitlements. that will do it and usher in a brilliant new period in america's economic history. >> sounds good. senator graham. >> three things, that the president would have -- >> this i thought we only had one. >> this is america youan have three the president will leave a force in afghanistan of 15 to 20 thousand to make sure the place doesn't fall back in to radical hands. that the people get behind syria and
. >> obviously i think all of us and all americans a resolution of this issue of the fiscal cliff so that people can live next year with a sense of predictability, with a sense that we can have a growing economy, and, frankly, peace in the world. >> and the place on this committee? >> i think it would be fun to do. >> i'll take that as a yes. >> senator lieberman. >> christmas and hanukkah. >> yes. >> what would i like from the president? that he...
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Dec 24, 2012
12/12
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. >>> it is the fiscal cliff waiting game in washington. both sides still refusing to compromise. if no agreement is reached, americans will be paying higher taxes next year. president obama and house speaker boehner will be back to work this thursday to try and reach a last-minute deal. >>> his doctors are optimistic but they aren't ready to release former president george herbert walker bush. the 88-year-old is expected to stay in a houston hospital over christmas. mr. bush was treated for bronchitis in early november. he has been in the hospital for more than a month. >>> and you know who knows if you've been bad or good. norad is tracking santa as he delivers presents around the world. he is definitely on the move. we're here to report, making his way to the u.s. norad says it uses fighter jets and even santa cams to watch st. nick. he's been watching us all year, now we're watching him. i'm natalie allen with a look at the headlines this christmas eve. now back to the "the two marys." ♪ >>> for centuries, she has been portrayed as a sinner, a prostitute whom jesus saves. in
. >>> it is the fiscal cliff waiting game in washington. both sides still refusing to compromise. if no agreement is reached, americans will be paying higher taxes next year. president obama and house speaker boehner will be back to work this thursday to try and reach a last-minute deal. >>> his doctors are optimistic but they aren't ready to release former president george herbert walker bush. the 88-year-old is expected to stay in a houston hospital over christmas. mr. bush...
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Dec 17, 2012
12/12
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. >> meanwhile, the fiscal cliff drove markets. the dow industrials broke a five-day winning streak on wednesday and continued to fall thursday on worries over the fiscal cliff. the markets continues down on friday. americans are still shopping, though. the commerce department said retail sales rose in november by .3%. rebounding from a fall the previous month. consumer spending, of course, makes up about 70% of the u.s. economy. if you have been missing the google maps app on your iphone, you should be able find it now. it's been three months since apple replaced google maps. that was not nearly as popular and not nearly as good. google released its free application this week, and it's expected to become one of the hottest commodities in the apps store. >>> a bold move by the fed seemingly no moves at all when it comes to the debt ceiling and debt issues. two big stories. what do they mean and what happens next? joining me now is bob nardelli, former ceo of home depot, former chairman of chrysler, and president of the private equi
. >> meanwhile, the fiscal cliff drove markets. the dow industrials broke a five-day winning streak on wednesday and continued to fall thursday on worries over the fiscal cliff. the markets continues down on friday. americans are still shopping, though. the commerce department said retail sales rose in november by .3%. rebounding from a fall the previous month. consumer spending, of course, makes up about 70% of the u.s. economy. if you have been missing the google maps app on your...
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Dec 11, 2012
12/12
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cliff hostage. and that's really unacceptable. president obama has put spending cuts on the table. he's put an increase in the tax rates for the wealthiest americans on the table. we've put making sure that we have p get a tremendous amount of savings out of the entitlement programs. what have the republicans put on the table? virtually nothing. it is time to be rational and compromise. >> to that point, what haley barber said this morning about the possibility of compromise. he was on "morning joe" today. >> as a republican, i would take raising the rates on the two top brackets if, in return, we had tax reform laid out over a period of months, if we had entitlement reform. i would hold my nose despite the facts that raising those two tax is bad economics, bad for jobs, going to hurt the economy. i would hold my nose to get the other done. what i wouldn't do is vote for that and do nothing else. >> does he have a point? are democrats really prepared to deal with entitlement reform to maybe substant
cliff hostage. and that's really unacceptable. president obama has put spending cuts on the table. he's put an increase in the tax rates for the wealthiest americans on the table. we've put making sure that we have p get a tremendous amount of savings out of the entitlement programs. what have the republicans put on the table? virtually nothing. it is time to be rational and compromise. >> to that point, what haley barber said this morning about the possibility of compromise. he was on...
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Dec 28, 2012
12/12
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but what about your fellow fiscal conservatives? are there going to be enough of you to support a pared down plan that does raise taxes on 2% of americans? >> no, it doesn't raise taxes. those tax increases will go into effect. there's no bill before the congress that raises taxes. there are many bills that are trying to stop those taxes in various forms. and let me be clear. i think the president's plan is an absolute disaster. a lot of those wealthy folks earning over $200,000 aren't even folks. they're small businesses, filing under sub-chapter "s," some 84% of net business income is affected by this tax increase. that's the income they use to create and expand two-thirds of the jobs in our economy. that is an absolutely insane economic policy, but that's at the core of what the president is trying to do. the cbo is warning us, $200,000 jobs will be destroyed by this policy. but if we can't stop it, the best we can do is offer every warning we can, and then try and save as many other taxpayers as possible. >> do you think the whi
but what about your fellow fiscal conservatives? are there going to be enough of you to support a pared down plan that does raise taxes on 2% of americans? >> no, it doesn't raise taxes. those tax increases will go into effect. there's no bill before the congress that raises taxes. there are many bills that are trying to stop those taxes in various forms. and let me be clear. i think the president's plan is an absolute disaster. a lot of those wealthy folks earning over $200,000 aren't...
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Dec 10, 2012
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if they can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up and across the board spending cuts will kick in on january 1. economists say that combination could plunge the country back into a recession. there are signs some republicans are now willing to compromise on taxes if they can secure cuts to social security, medicare and medicaid. >> the rate increase on the top 2% that the president is talking about and all of a sudden the shift goes back to entitlements. >> reporter: one proposal under discussion, raising the eligibility age for medicare is not going well for some democrats and advocates for senior citizens. >> the option to raise the medicare age is bad policy and will increase costs because people who are 65 and 66 still need health insurance. >> reporter: the aarp says the real solution to cutting the deficit is lowering skyrocketing health care costs. danielle nottingham, cbs news, washington. >>> the official fiscal cliff deadline is december 31. but many on capitol hill say that an agreement is needed before the end of this week so congre
if they can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up and across the board spending cuts will kick in on january 1. economists say that combination could plunge the country back into a recession. there are signs some republicans are now willing to compromise on taxes if they can secure cuts to social security, medicare and medicaid. >> the rate increase on the top 2% that the president is talking about and all of a sudden the shift goes back to...
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Dec 19, 2012
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. >> republicans ton to work towards avoiding the fiscal cliff. the president's offer of $1.3 trillion in revenues and $850 billion in spending reductions fails to meet the tests that the president promised the american people a balanced approach. i hope that the president will get serious soon about providing and working with us on a balanced approach. tomorrow the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. then the president will have a decision to make. he can call on senate and democrats to pass the bill or he can be public superior the largest tax increase in american history. . >> that is all john boehner had to say before walking out. even reporters shouting wait, wait, come back did nothing. don't think his plan b will go that far. president obama had this to say two hours ago. >> let's think about the logic for a second. they are thinking about voting for raising taxes and at least on folks over a million they say they don't want to do. they are going to reject spendi
. >> republicans ton to work towards avoiding the fiscal cliff. the president's offer of $1.3 trillion in revenues and $850 billion in spending reductions fails to meet the tests that the president promised the american people a balanced approach. i hope that the president will get serious soon about providing and working with us on a balanced approach. tomorrow the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. then the...
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Dec 7, 2012
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cuts and going over the fiscal cliff will impact millions of americans. >> there would be a lot of federal employees who would be furloughed or riffed and would lose their jobs. >> reporter: economists say the combination of automatic spending cuts and tax increases that will kick in january 1st if congress and the president don't reach an agreement could plunge the country back into recession. danielle nottingham, cbs news, washington. >> the house is scheduled to formally adjourn by the end of the year on december 14th but house majority leader says they will stay in session until a cred credible solution is worked out. >>> it could be a big day in the battle o of same sex mainly. the -- marriage. the justices are being asked to overturn a lower court ruling that the prop 8 ban on gay marriage is unconstitutional. they may decide to hear the case or they could let the ruling by the lower court stand which could pave the way for gay marriages to resume in california. >>> a man is in serious condition after falling 30 feet at the oakland coliseum. it happened last night during the raider b
cuts and going over the fiscal cliff will impact millions of americans. >> there would be a lot of federal employees who would be furloughed or riffed and would lose their jobs. >> reporter: economists say the combination of automatic spending cuts and tax increases that will kick in january 1st if congress and the president don't reach an agreement could plunge the country back into recession. danielle nottingham, cbs news, washington. >> the house is scheduled to formally...
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Oct 26, 2012
10/12
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whether we caught the fiscal cliff or not, it has been te most brutal two years in american history. americans know that. neil: i had a guest on a short time ago that talked abo female voters. perhaps more than any other demographic group just generally here, just as a group, about wallet issues, if that is so, and people are worried, if i'm barack obama, i would be very worried. on the political point, president obama and the democrats and their willing to go off the fusco clips along as republicans don't want to raise taxes on the job creators. the senate democrats and the president saying that we don't care if we go off the fiscal cliff. neil: bottom line, whether you are left or right, you can see a carrack for what itis. meanwhile, with what they are saying. the president thought that four years ago. should he be worried tt his opponent sebastian for weeks ago ems theyaven't been moving much lately. but things are starting to turn around because of business and regions is here to help. with the experience and service to keep things rolling. from business loans to cash management
whether we caught the fiscal cliff or not, it has been te most brutal two years in american history. americans know that. neil: i had a guest on a short time ago that talked abo female voters. perhaps more than any other demographic group just generally here, just as a group, about wallet issues, if that is so, and people are worried, if i'm barack obama, i would be very worried. on the political point, president obama and the democrats and their willing to go off the fusco clips along as...
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Dec 17, 2012
12/12
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cliff. meantime, sectors doing well. bank stocks moving side ways since their earnings are doing great. we have new highs on american citigroup. tech stocks and energy stocks all to the upside right now. i just want to show you what the treasury etfs are doing. i get a lot of inquiries about this. they are down again. that means yields are going up. not dramatically. but i want to show you while the bond bubble is not bursting, there is definitely air coming out of that. most big bond etfs are down 0.5 to 3%. that is where somewhat of the notable declieps are. finally, selling the asian unit, now completely out. price terms were announced it was in line with what everybody was expecting but aig having a terrific day. mandy? >> indeed, it is, bob. >> if you are watching cnbc, we assume you are interested in the markets, so well do what we do. let's bring in gina sanchez, and steve white. a great note this morning, titled, what happens if and when the fiscal uncertainty lift. generally it is l
cliff. meantime, sectors doing well. bank stocks moving side ways since their earnings are doing great. we have new highs on american citigroup. tech stocks and energy stocks all to the upside right now. i just want to show you what the treasury etfs are doing. i get a lot of inquiries about this. they are down again. that means yields are going up. not dramatically. but i want to show you while the bond bubble is not bursting, there is definitely air coming out of that. most big bond etfs are...
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Dec 12, 2012
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the fiscal cliff, the people that we polled, americans get it. they want, two-thirds of them, 65% say they want a deal to be done. they want compromises even if it means targeted entitlement cuts and tax increases. >> yeah, and i don't think we should be terribly surprised by that, andrea. the truth of the matter is over the last decade or so what we've seen is congress, really, because of redistricting and other things like that, members of congress don't tend to have to represent the middle of the country. they wind up representing their two-party bases, the people that deeply disagree. democratic base does not want entitlement cuts, republican base does not want to raise taxes. but people in general like the idea congress can get something done on something big. now, i would say there's a little bit of devil in the details. the question does ask about entitlements and taxes, but what entitlements, what specifics on the taxes. i think if you add in those things, the polling i've seen is people like the idea of a deal, but when you say the deal
the fiscal cliff, the people that we polled, americans get it. they want, two-thirds of them, 65% say they want a deal to be done. they want compromises even if it means targeted entitlement cuts and tax increases. >> yeah, and i don't think we should be terribly surprised by that, andrea. the truth of the matter is over the last decade or so what we've seen is congress, really, because of redistricting and other things like that, members of congress don't tend to have to represent the...
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Dec 31, 2012
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a little surprised. >>> if we go over the fiscal cliff, americans will go back into recession. >> we don't want a howard dean scream. >> bungee jumping. >> we might need it. i might then and i might now. >>> i'm norah o'donnell with anthony mason. charlie and gayle are off. we have hours go before the fiscal cliff deadline when dramatic increases and spending cuts kick in. congressional leaders and vice president biden are struggling to avoid the fiscal cliff. those negotiations continue this morning. nancy cordes is on capitol hill. nancy, good morning. >> reporter: good morning to you, norah. they have appeared to move closer to one another. democrats have come way up from the president's longstanding position that the bush tax cuts should expire for all household income over $250,000 a year. republicans have come way down from speaker boehner's insistence that that limit be set at a million dollars. and so if there's a deal today, and that's a big "if," you can expect it would be set around $400,000, $500,000, $600,000 a year, so certainly 90, 95% of americans would be keeping the
a little surprised. >>> if we go over the fiscal cliff, americans will go back into recession. >> we don't want a howard dean scream. >> bungee jumping. >> we might need it. i might then and i might now. >>> i'm norah o'donnell with anthony mason. charlie and gayle are off. we have hours go before the fiscal cliff deadline when dramatic increases and spending cuts kick in. congressional leaders and vice president biden are struggling to avoid the fiscal...
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Dec 19, 2012
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are getting to the fiscal cliff as well. we told you before matt jablow has their story as thousands turned up in washington today wanting to be heard. >> stop, stop the cuts. >> reporter: in the shadow of the nation's capital where talks continued today to try to avoid the much-discussed fiscal cliff. >> now is not the time for congress to turn its backs on us. >> reporter: several thousand people came together at the upper senate park to add their voices to the discussion. >> we are here today to demand that our government works for us. >> reporter: the rally was organized by several progressive political groups and labor unions. >> so many of us are already dangling on our very own fiscal cliffs. >> reporter: speaker after speaker hammering home the same point. >> we are here to fight for a good deal for america's families and for students. >> reporter: that fiscal cliff negotiations cannot result in cuts to social security, medicare or medicaid. >> how does that make any sense to you? >> reporter: that wealthy americans
are getting to the fiscal cliff as well. we told you before matt jablow has their story as thousands turned up in washington today wanting to be heard. >> stop, stop the cuts. >> reporter: in the shadow of the nation's capital where talks continued today to try to avoid the much-discussed fiscal cliff. >> now is not the time for congress to turn its backs on us. >> reporter: several thousand people came together at the upper senate park to add their voices to the...
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Dec 10, 2012
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. >>> speaker john boehner is waging a war on of two fronts over the fiscal cliff. on one side it's him versus the president. on the other it's speaker boehner versus his own party. one of the leaders of this fight is american majority action and we're delighted to say that the group alexander spokesman joins us now, ron meier. good afternoon. >> thanks for having me on. >> great to have you ron. you've endorsed three different candidates, i believe, for speaker, jim jordan, jeb hensarling, and tom price. mr. price says in a statement he's not running, but can you tell our audience why are you so sick and tired of speaker boehner? >> well, there's really two big reasons and they happened in the last two weeks that really have been the nail in the coffin. one is the tax hikes. he's proposed basically to raise taxes on charities and job creators and he thinks that that's where his starting point is with president obama. >> hold on a second. let's be factual. i think what he said was that he was open to $800 billion in revenues but he did not specify the deductions. >>
. >>> speaker john boehner is waging a war on of two fronts over the fiscal cliff. on one side it's him versus the president. on the other it's speaker boehner versus his own party. one of the leaders of this fight is american majority action and we're delighted to say that the group alexander spokesman joins us now, ron meier. good afternoon. >> thanks for having me on. >> great to have you ron. you've endorsed three different candidates, i believe, for speaker, jim...
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Dec 7, 2012
12/12
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president barack obama says approach in the fiscal cliff will add to holiday stress for american families. >> the closer it gets to the brink, the more stressed they will be. businesses are making decisions right now about investment and hiring. they don't have confidence that we can get this thing done, they will start pulling back and we could have a lousy time in our haqqani for the next several months. >> the president made the remarks while visiting with the virginia family to talk about the budget crisis. >> for now, the stalled negotiations cannot seem to be affecting local holiday shopping and events in and around baltimore. >> harbour east is one of the air is a special -- with special events going on throughout the city. winter wonderland promotes local artists and shoppers can get free parking. it is about promoting business and luring in those customers. [cheers] >> it is that time of year, holiday events, drinks, good food, and shopping. >> i think things are getting better for us. customers are shopping more, it seems. >> the festivities going on in the city and people getti
president barack obama says approach in the fiscal cliff will add to holiday stress for american families. >> the closer it gets to the brink, the more stressed they will be. businesses are making decisions right now about investment and hiring. they don't have confidence that we can get this thing done, they will start pulling back and we could have a lousy time in our haqqani for the next several months. >> the president made the remarks while visiting with the virginia family to...
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Dec 26, 2012
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a lot of the blame goes to the fiscal cliff. americans are very aware of the financial implications of it, especially higher taxes. another factor, a spending poll says superstorm sandy hit sales in the mid-atlantic region in early november. after-christmas spending should help a bit, but the impact is limited because a lot of people using gift cards and making returns. the national retail federation says we typically return $60 billion worth of merchandise after christmas, so early indications seem to show that holiday sales are looking like the rest of the economy, growing but not outstanding. joe? >> alison kosik. >>> as it comes to a close, we remember 2012 as a year of surprises. a south korean rapper gets newfound fame thanks to youtube and rihanna and chris brown back together again? cnn's top ten showbiz stories of the year are just ahead. i spend long hours with her checking her heart rate, administering her medication, and just making her comfortable. one night britta told me about a tradition in denmark, "when a perso
a lot of the blame goes to the fiscal cliff. americans are very aware of the financial implications of it, especially higher taxes. another factor, a spending poll says superstorm sandy hit sales in the mid-atlantic region in early november. after-christmas spending should help a bit, but the impact is limited because a lot of people using gift cards and making returns. the national retail federation says we typically return $60 billion worth of merchandise after christmas, so early indications...
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587
Dec 26, 2012
12/12
by
WBAL
tv
eye 587
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quote 1
he claims the top question about the fiscal cliff is "can we eat it?" [ laughter ] nope, you can't. get this. earlier today, mitt romney was spotted on a costco shopping spree. that's right. romney ended up buying 14 costcos. [ laughter ] amazing. [ cheers and applause ] >> steve: come on. he's -- >> jimmy: hey, ooh! listen to this, applebee's -- we all love applebee's, right? is that blooming onion? >> steve: no. >> jimmy: is that the blooming onion? >> steve: that's outback steakhouse. >> jimmy: i love outback. [ laughter ] what does applebee's have? >> steve: sandwiches. >> jimmy: hot wings? [ laughter ] >> steve: apples and bees. >> jimmy: apples and bees. that's not true. what does applebee's have? they have something, right? >> they have two for 20! >> jimmy: two for 20. [ laughter ] >> steve: two for 20. >> jimmy: slow down. i'm not treating you to applebee's. >> steve: all-american two for 20. >> jimmy: you know what? i'm going to get you after the show. i'm going to give you a gift certificate to applebee's. all right? yeah. [ cheers and applause ] i love applebee's. [ appl
he claims the top question about the fiscal cliff is "can we eat it?" [ laughter ] nope, you can't. get this. earlier today, mitt romney was spotted on a costco shopping spree. that's right. romney ended up buying 14 costcos. [ laughter ] amazing. [ cheers and applause ] >> steve: come on. he's -- >> jimmy: hey, ooh! listen to this, applebee's -- we all love applebee's, right? is that blooming onion? >> steve: no. >> jimmy: is that the blooming onion? >>...
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107
Dec 29, 2012
12/12
by
CNNW
tv
eye 107
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would you vote for that as an alternative to going over the fiscal cliff? >> i would have voted just to extend the tax cuts for 99.8% or whatever it was of americans that was john boehner's plan "b." a couple of things are either being misreported or inaccurately reported because what gets in the way of the president's plan is the constitution of the united states. and the good thing about this meeting is that the focus is now firmly on the united states senate where it should have been all these months. the house acted a long time ago to extend all the tax cuts and take care of sequestration. the senate has given speeches. >> you're referring to the fact that revenue issues are supposed to generate in the house. right now, both speaker boehner and the president say it's between reid and mcconnell which does raise the question, whatever procedural and constitutional issues, which are profound. are you concerned as a republican, someone who is close to speaker boehner, if we go over the fiscal cliff, that republicans will get the blame? >> well, of course th
would you vote for that as an alternative to going over the fiscal cliff? >> i would have voted just to extend the tax cuts for 99.8% or whatever it was of americans that was john boehner's plan "b." a couple of things are either being misreported or inaccurately reported because what gets in the way of the president's plan is the constitution of the united states. and the good thing about this meeting is that the focus is now firmly on the united states senate where it should...
163
163
Dec 6, 2012
12/12
by
MSNBCW
tv
eye 163
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here's the democratic and republican opening bids on the fiscal cliff. but the revenue side of the republican proposal just doesn't match up with reality. you can't get $800 billion in revenue from lowering rates and closing loopholes and deductions. can we get on that page? it doesn't come close to adding up, unless you get rid of just about every deduction for the middle class that's out there.ç is that what this election was about? president obama has been clear about it all along. >> unfortunately, the speaker's proposal right now is still out of balance. you know, he talks, for example, about $800 billion worth of revenues, but he says he's going to do that by lowering rates. and when you look at the math, it doesn't work. >> you see, if we lower these rates, then the job creators will go out there end and all this money to hire a bunch of people, and that's going to contribute more to the tax base. and gosh, we're just going to take care of all of our problems. we have tried this stuff, and it didn't work. when leaders mcconnell and boehner feed
here's the democratic and republican opening bids on the fiscal cliff. but the revenue side of the republican proposal just doesn't match up with reality. you can't get $800 billion in revenue from lowering rates and closing loopholes and deductions. can we get on that page? it doesn't come close to adding up, unless you get rid of just about every deduction for the middle class that's out there.ç is that what this election was about? president obama has been clear about it all along....